Directors & Officers Liability Insurance

If you serve on an organization’s board of directors or officers, liability insurance can provide financial protection for lawsuits brought on by business activities and decisions. The financial coverage it provides can be critical if you experience an issue related to operating your organization and need legal help. 

Decision makers in your Leadership team are personally accountable for their actions. If any claims arise, personal assets and defence costs could be on the line. 

A business insurance Specialist is ready to deal with a variety of credible insurers on your behalf, seeking out the best coverage for your needs and obtaining optimal premiums, so you can get back to business fast.

It covers directors, officers or board members of an organization if they’re involved in a lawsuit related to their decisions and actions of the organization. Risks like breaches of duty or mismanagement can be costly to resolve. This insurance can cover costs for legal defence and settlements.

A D&O liability insurance policy is customized for you. Your customized premium will depend on several different factors including:

• Type of organization

• Size of organization

• Insurance and claim history

This kind of insurance is valuable for any public, private and not-for-profit organization.

Like we said, shopping for insurance is not fun. So think of us as your insurance partner. We’ll do everything we can to make getting the right coverage as smooth, simple and painless as possible. We know every insurance situation is unique, so we know the important questions and will learn about you to make sure your policy gives you the protection you need.

We’ll also cut through the industry jargon to make sure you understand your policy, and help you navigate optional coverages to recommend additional options you may want or need. 

With directors and officers insurance especially, there are a lot of options, and it can be overwhelming to research. An insurance broker will help you build the right policy for your situation. As your needs change, your broker will also help you update your policy, so you stay covered.

An insurance broker is also aware of discounts offered by insurance companies and can recommend combining products to save you time and money. In fact, some insurance companies and their products are only available through an insurance broker. Bottom line? We can save you money too.

If you need to file a claim, it’s okay, don’t worry, we’ll do it with you. We know accidents and claims happen, we’ve seen and heard it all. As your insurance partner and advocate, we will help you through it. Call us at 1-833-745-0299 and we’ll be here to help you navigate the situation, 24/7.